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3 years ago

7

My cousin borrowed $18,000 for a new car loan for 6 years. He told me that at the end of the loan, he had paid $25,560 for the i

nterest and principal. What was the rate of the loan?

1 answer:

nevsk [136]3 years ago

3 0

6.0185%
Don't ask how I got it. Just round to whatever decimal place you find appropriate.

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2 years ago

15x—3y=12<br> Y=5x—4<br><br> 4x—y=-4<br> -8x+2y=2

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15x-3y=12
<u>y=5x—4
</u>I'm also not sure what your question is, but this is what I got by solving it like a regular equation.

15x-3(5x-4)=12
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0=12-12
0=0

4x-y=-4
<span><u>-8x+2y=2</u>
</span>
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